misallocation

From mis- +‎ allocation.

misallocation (plural misallocations)

1. An improper or unwise allocation, especially of money
   • 2009 January 6, Jeffrey Goldfarb, Martin Hutchinson, “Rebuilding the S.E.C.”, in New York Times‎^[1]:

     When the bulk of a bank's assets can be traded, relying on historical acquisition costs distorts reality and leads to capital misallocation.